secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST KEYSTONE CORP (FKYS)
CIK:        0000737875
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0000737875-23-000037
Event type: dividend
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Keystone declares $0.28 Q2 dividend; Q1 net income down 61.7% to $0.23/share
--------------------------------------------------------------------------------

- Quarterly dividend of $0.28 per share, payable June 30, 2023, to holders of record June 8, 2023.
- Year-to-date dividends total $0.56 per share, unchanged from prior year period.
- Q1 2023 net income fell 61.7% to $1.357M ($0.23 diluted EPS) from $3.545M ($0.61) a year ago.
- Total loans grew 11% to $855M; deposits fell 9.3% to $947.9M; cost of funds rose 178 bps to 2.29%.
- Assets increased 1% to $1.311B; return on assets was 0.41%, return on equity 4.34%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737875/000073787523000037/0000737875-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737875/000073787523000037/fkys-20230525x8k.htm
  HTML page:      https://secwatch.observer/filing/0000737875-23-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer